AMG Managers Fairpointe Mid Cap N
- CHTTX
- Price as of: Feb 26, 2021
-
$36.76
N/A N/A
- Primary Theme
- U.S. Mid-Cap Value Equity
- Fund Company
- AMG Funds
- Share Class
CHTTX - Snapshot
Vitals
- YTD Return 8.3%
- 3 Yr Annualized Return -1.5%
- 5 Yr Annualized Return 8.9%
- Net Assets $497 M
- Holdings in Top 10 34.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.16%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 50.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,000
- IRA $1,000
Fund Classification
-
Primary Theme
U.S. Mid-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Value
CHTTX - Profile
Distributions
- YTD Total Return 8.3%
- 3 Yr Annualized Total Return -1.5%
- 5 Yr Annualized Total Return 8.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.52%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAMG Managers Fairpointe Mid Cap Fund
-
Fund Family NameAMG Funds
-
Inception DateSep 19, 1994
-
Shares OutstandingN/A
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThyra Zerhusen
Fund Description
The fund invests at least 80% of its assets in stocks of mid-cap companies with an improving revenue and earnings growth outlook. The adviser currently considers mid-cap companies to be those with market capitalizations at the time of acquisition within the capitalization range of the Russell Midcap® Index. The subadviser selects stocks based on bottom-up fundamental analysis.
CHTTX - Performance
Return Ranking - Trailing
Period | CHTTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.3% | -16.8% | 28.4% | 43.44% |
1 Yr | 11.1% | -21.3% | 40.5% | 19.09% |
3 Yr | -1.5%* | -9.0% | 13.3% | 93.17% |
5 Yr | 8.9%* | 1.6% | 16.2% | 74.29% |
10 Yr | 7.9%* | 6.0% | 11.7% | 77.29% |
* Annualized
Return Ranking - Calendar
Period | CHTTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -1.7% | -49.5% | 626.7% | 72.64% |
2019 | 7.6% | -14.6% | 40.9% | 96.24% |
2018 | -25.2% | -56.9% | 14.0% | 79.74% |
2017 | 4.7% | -62.6% | 24.1% | 67.05% |
2016 | 18.8% | -14.6% | 28.1% | 20.06% |
Total Return Ranking - Trailing
Period | CHTTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.3% | -16.8% | 28.4% | 43.44% |
1 Yr | 11.1% | -24.7% | 40.5% | 17.42% |
3 Yr | -1.5%* | -10.0% | 13.3% | 91.71% |
5 Yr | 8.9%* | 1.6% | 16.2% | 71.98% |
10 Yr | 7.9%* | 6.0% | 11.7% | 74.45% |
* Annualized
Total Return Ranking - Calendar
Period | CHTTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -1.7% | -49.5% | 626.7% | 72.64% |
2019 | 7.6% | -14.6% | 40.9% | 96.24% |
2018 | -18.6% | -32.7% | 15.2% | 58.46% |
2017 | 11.5% | -3.5% | 26.9% | 63.32% |
2016 | 24.1% | -6.1% | 29.0% | 8.08% |
NAV & Total Return History
CHTTX - Holdings
Concentration Analysis
CHTTX | Category Low | Category High | CHTTX % Rank | |
---|---|---|---|---|
Net Assets | 497 M | 5.09 M | 28.5 B | 55.95% |
Number of Holdings | 46 | 3 | 2364 | 88.81% |
Net Assets in Top 10 | 169 M | 541 K | 7.56 B | 46.67% |
Weighting of Top 10 | 34.06% | 5.0% | 100.0% | 16.67% |
Top 10 Holdings
- Tegna Inc 5.08%
- Molson Coors Beverage Co B 3.66%
- Juniper Networks Inc 3.43%
- Agilent Technologies Inc 3.32%
- Akamai Technologies Inc 3.29%
- Charles Schwab Corp 3.25%
- Cars.com Inc 3.24%
- Lions Gate Entertainment Corp 3.24%
- Check Point Software Technologies Ltd 3.23%
- Corning Inc 3.22%
Asset Allocation
Weighting | Return Low | Return High | CHTTX % Rank | |
---|---|---|---|---|
Stocks | 98.64% | 85.03% | 100.13% | 45.95% |
Cash | 1.36% | -0.13% | 12.87% | 55.24% |
Preferred Stocks | 0.00% | 0.00% | 6.07% | 95.48% |
Other | 0.00% | -0.17% | 4.93% | 94.29% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 95.24% |
Bonds | 0.00% | 0.00% | 1.20% | 96.43% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CHTTX % Rank | |
---|---|---|---|---|
Technology | 22.68% | 0.00% | 23.28% | 0.95% |
Healthcare | 18.14% | 0.00% | 31.63% | 3.33% |
Consumer Cyclical | 17.66% | 0.00% | 35.55% | 15.48% |
Industrials | 12.09% | 0.00% | 29.02% | 80.48% |
Financial Services | 11.98% | 0.00% | 55.31% | 93.10% |
Communication Services | 9.80% | 0.00% | 23.04% | 6.90% |
Consumer Defense | 7.65% | 0.00% | 24.58% | 26.19% |
Utilities | 0.00% | 0.00% | 22.63% | 99.29% |
Real Estate | 0.00% | 0.00% | 36.07% | 99.76% |
Energy | 0.00% | 0.00% | 25.63% | 99.52% |
Basic Materials | 0.00% | 0.00% | 19.58% | 99.05% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CHTTX % Rank | |
---|---|---|---|---|
US | 88.10% | 12.09% | 100.00% | 87.38% |
Non US | 10.54% | 0.00% | 80.31% | 12.38% |
CHTTX - Expenses
Operational Fees
CHTTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.16% | 0.01% | 43.95% | 45.83% |
Management Fee | 0.63% | 0.00% | 1.25% | 29.52% |
12b-1 Fee | 0.24% | 0.00% | 1.00% | 31.58% |
Administrative Fee | 0.15% | 0.01% | 0.47% | 75.89% |
Sales Fees
CHTTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
CHTTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CHTTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 50.00% | 4.00% | 488.00% | 45.19% |
CHTTX - Distributions
Dividend Yield Analysis
CHTTX | Category Low | Category High | CHTTX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.16% | 96.19% |
Dividend Distribution Analysis
CHTTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
CHTTX | Category Low | Category High | CHTTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.52% | -1.16% | 4.83% | 85.13% |
Capital Gain Distribution Analysis
CHTTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 27, 2018 | $0.150 |
Dec 30, 2015 | $0.115 |
Dec 30, 2014 | $0.045 |
Dec 28, 2012 | $0.305 |
Dec 29, 2009 | $0.051 |
CHTTX - Fund Manager Analysis
Managers
Thyra Zerhusen
Start Date
Tenure
Tenure Rank
May 01, 1999
21.77
21.8%
CEO and Chief Investment Officer – Ms. Zerhusen is the principal founder of Fairpointe Capital LLC, CEO and Chief Investment Officer of the firm. She is part of the Investment Team, serving as lead portfolio manager for the Mid-Cap Core Equity and Co-Portfolio Manager for the ESG Equity Strategy, including the AMG Managers Fairpointe Mid Cap Fund, the AMG Managers Fairpointe ESG Equity Fund, the Parvest Equity USA Mid Cap Fund, and institutional separate accounts. Prior to founding Fairpointe Capital, Ms. Zerhusen was the Chief Investment Officer for Mid-Cap Equities at a predecessor firm beginning in October of 2003. Ms. Zerhusen also spent four years at Talon Asset Management as Senior Vice President and Portfolio Manager, where she began managing the Aston (now AMG) Mid Cap Fund. She has managed the fund without interruption for eighteen years, thus preserving the long-term track record. Previously, she was employed by The Burridge Group as principal and portfolio manager for a tax-sensitive mid-cap product, and spent eleven years as Senior Investment Analyst at Sears Investment Management Company. Ms. Zerhusen started her career as an Investment Research Officer at Harris Trust & Savings Bank in Chicago and was responsible for in-depth financial analysis of company fundamentals and industry trends. She has been a guest on Wall Street Week with Louis Rukeyser, CNNfn’s Mutual Fundamentals, Bloomberg, and CNBC. Ms. Zerhusen received an M.S. from the Swiss Federal Institute of Technology with concentrations in life sciences, biotechnology, and economics. She has an M.A. in Economics from the University of Illinois. She is also a member of the CFA Society. Primarily educated in Switzerland, Ms. Zerhusen is fluent in English, French, and German.
Brian Washkowiak
Start Date
Tenure
Tenure Rank
Feb 29, 2016
4.93
4.9%
Brian M. Washkowiak, CFA, serves as a member of the Mid-Cap Investment Team. His responsibilities include investment research and portfolio management. Mr. WashKowiak has many years of experience in the financial industry. Prior to joining Fairpointe Capital LLC in 2015, he was at BW Opportunity Partners, LP, focusing on small and mid-cap investments. Mr. Washkowiak spent thirteen years as a research analyst and portfolio manager at Talon Asset Management, Inc. and was a member of the investment committee. At Talon, Mr. Washkowiak worked with Ms. Zerhusen as an analyst and assistant portfolio manager on the mid-cap strategy. Mr. Washkowiak received a B.A. in Finance from Illinois State University and is a Chartered Financial Analyst (CFA).
Frances Tuite
Start Date
Tenure
Tenure Rank
Apr 30, 2019
1.76
1.8%
Portfolio Manager – Ms. Tuite is part of the Investment Team, serving as co-portfolio Manager for the ESG Equity Strategy and is responsible for investment research for both the ESG Equity and Mid-Cap Equity Strategies. In addition, she manages the 1837 LP long/short equity fund, which she founded in 2000. Prior to joining Fairpointe Capital LLC, Ms. Tuite managed the 1837 Fund at RMB Capital and at Talon Asset Management (under the name Talon Opportunity Partners). Previously, she worked at Sirius Partners and Harris Associates as an analyst and portfolio manager, as a sell-side research analyst at William Blair & Company, and as analyst and Director of Research at Johnson Investment Counsel. Earlier, she was employed at Procter & Gamble in their financial management training program. Ms. Tuite received a B.B.A. from the University of Cincinnati in Finance and Accounting and an M.B.A. in Finance and Accountancy from Miami University in Oxford, Ohio. She holds the CFA® designation, is a member of the CFA Institute and the CFA Society of Chicago, and has passed the Certified Public Accountant examination. She is a member of the Chicago Finance Exchange, an invitation only organization for senior women leaders in finance, and a member of International Women Associates, which pursues global understanding and universal human rights. She serves as Chairman of the Steppenwolf’s Directors Circle, and Board Chair for Recovery on Water, a non-profit focused on breast cancer survivors.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.26 | 7.74 | 9.59 |